Professional
Added to YB: 2024-10-18
Pitch date: 2024-10-17
DIE.BR [bullish]
D'Ieteren Group SA
+3.41%
current return
Author Info
No bio for this author
Company Info
D'Ieteren Group SA operates as an investment company in Belgium, France, rest of Europe, and internationally.
Market Cap
EUR 9.8B
Pitch Price
EUR 143.32
Price Target
N/A
Dividend
0.87%
EV/EBITDA
15.46
P/E
26.81
EV/Sales
1.45
Sector
Distributors
Category
value
East 72 Dynasty Trust Portfolio Holding: D'Ieteren Group SA
DIE.BR: Family split leads to 9M share sale at €223.75. €74/share dividend (~€4B) funded by €850M liquidity, €1B debt, €2.2B from Belron. Conservative view: 16% stock drop on debt fears. Liberal view: strong businesses, US profit reacceleration, potential Belron IPO. At €189.90, Belron exposure at <12x P/E and EV/EBIT. Remain holders despite higher risk.
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